Fundz

Dynamofl Raises $15.1M To Help Enterprises Adopt ‘Compliant’ Llms

PRIVATEAug 16, 2023

Amount Raised

$15.1 Million

Round Type

Funding Round

San FranciscoSoftwareSecurity

Description

DynamoFL, which offers software to bring large language models (LLMs) to enterprises and fine-tune those models on sensitive data, today announced that it raised $15.1 million in a Series A funding round co-led by Canapi Ventures and Nexus Venture Partners.

Quick answer

DynamoFL raised $15.1 Million in a Funding Round round, dated August 16, 2023. DynamoFL is based in San Francisco, California, United States.

How much did DynamoFL raise?
DynamoFL raised $15.1 Million in a Funding Round round on August 16, 2023.
What does DynamoFL do?
San Francisco-based DynamoFL was founded in 2021 by Mugunthan and Christian Lau, both graduates of MIT’s Department of Electrical Engineering and Computer Science.
Where is DynamoFL based and how big is it?
DynamoFL is based in San Francisco, California, United States.
Who are the decision-makers at DynamoFL?
Fundz holds 1 contact at DynamoFL. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Software around the same time

Companies in the same sectors as DynamoFL that raised within 45 days of this round, from Fundz verified event records.

  • Verkada raised $80M on September 22, 2023.
  • Conveyor raised $12M on September 15, 2023.
  • Veza raised an undisclosed amount (Corporate Round) on September 12, 2023.
  • SpyCloud raised $110M (Funding Round) on August 24, 2023.
  • Cerby raised $17M (Series A) on August 22, 2023.
  • Ostendio raised an undisclosed amount (Funding Round) on August 17, 2023.

Who to call at DynamoFL, and when

A new round usually means DynamoFL is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day DynamoFL raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at DynamoFL, from your own LinkedIn network

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Company Information

Company

DynamoFL

Location

San Francisco, California, United States

About

San Francisco-based DynamoFL was founded in 2021 by Mugunthan and Christian Lau, both graduates of MIT’s Department of Electrical Engineering and Computer Science. In addition, DynamoFL provides an LLM development platform that incorporates techniques aimed at mitigating model data leakage risks and security vulnerabilities. That includes working with legal experts to draft up how to use DynamoFL to develop LLMs in compliance with U.S., European and Asian privacy laws.

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DynamoFL raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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